i would just build it from scratch. Find a 1994 or newer roller block (one out of a F-150 is a good bet) Order yourself a nice rotating assembly (408  ), some nice AFR heads, air gap intake, nice big Holley carb and you will have one bad engine!
Make sure you bring it to a reputable machine shop and you will be all set!
__________________
-Kevin
1987 Mustang Notch
408 Roller Block, Scat rotating assembly, Windsor senior heads, Lunati Voodoo cam, Victor jr intake, BBK longtubes,
C4, Transbrake with full manual reverse valvebody.
Granatelli tubular K member, A-arms, Coilovers and Strange adjustable struts.
Auburn locker rearend, Moser axles, Lakewood traction bars, Competition Engineering adjustable shocks.
4 point cage.
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